Lyft’s $1B Gross Run Rate in Context

Posted by pavornyoh on Tuesday November 17, 2015 @10:37PM
from the techcrunch.com dept.

( 2 comments | 3 points | on HN )

Re:Lyft’s $1B Gross Run Rate in Context by pilatesfordogs on Tuesday November 17, 2015 @10:43PM (#10585772)

Can someone explain the term runrate to me ?

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Re:Lyft’s $1B Gross Run Rate in Context by wisty on Thursday November 19, 2015 @03:01AM (#10593390)

Estimate of the year, based on the month.

So they billed for $1B / 12 for the month, though that includes the driver's cut, so it's more like $16 million which is obviously very nice to have.

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